| Fri 23 Nov 2007, 14:00 | | BAW / BAWP - Barloworld Limited - Results Of Gener |
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BAW BAWP
BAW
BAW / BAWP - Barloworld Limited - Results Of General Meeting
Barloworld Limited
(Incorporated in the Republic of South Africa)
Registration number 1918/000095/06
Ordinary share code: BAW
ISIN: ZAE000026639
Preference share code: BAWP
ISIN: ZAE000026647
("Barloworld")
RESULTS OF BARLOWORLD GENERAL MEETING
Further to the Barloworld General Meeting held today, 23 November 2007,
Barloworld shareholders are advised that the resolutions required in order to
implement the unbundling of Freeworld Coatings Limited ("Freeworld Coatings")
("the unbundling") were passed by the requisite majority.
Accordingly, Barloworld shareholders are advised that all conditions precedent
to the unbundling have now been met, and are reminded of the following dates:
* last day to trade in Barloworld ordinary shares on the JSE Limited
("JSE") in order to participate in the unbundling on Friday, 30 November
2007;
* Barloworld shares trade "ex" entitlement to all the ordinary shares held
by Barloworld in the issued share capital of Freeworld Coatings
("Freeworld Coatings distribution shares") from commencement of business
on Monday, 3 December 2007;
* Freeworld Coatings shares commence trading under the JSE share code FWD
and ISIN ZAR000109450 on Monday, 3 December 2007;
* record date to participate in the unbundling on Friday, 7 December 2007
("record date"); and
* effective date of the unbundling on Monday, 10 December 2007.
Share certificates in respect of the Freeworld Coatings distribution shares
will be posted, by registered post, to certificated Barloworld ordinary
shareholders recorded in the Barloworld shareholders register on the record
date, at the risk of the certificated Barloworld ordinary shareholders
concerned, and dematerialised Barloworld ordinary shareholders will have their
accounts at the Central Securities Depository Participant ("CSDP") or broker
updated with the Freeworld Coatings distribution shares on Monday, 10 December
2007.
Barloworld shareholders may not dematerialise or re-materialise their
Barloworld shares between Monday, 3 December 2007 and Friday, 7 December 2007,
both days inclusive.
Johannesburg
23 November 2007
Investment bank and transaction sponsor
Standard Bank
Attorneys
Bowman Gilfillan
Reporting accountants, tax advisors and independent auditors
Deloitte and Touche
Sponsor
JPMorgan
Date: 23/11/2007 14:00:25 Produced by the JSE SENS Department.
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